Under a build-operate-transfer (BOT) arrangement, a firm or consortium of firms contracts to build a major facility abroad and then transfers ownership to the project sponsor, typically the host-country government or public utility.

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In a BOT arrangement, the firm or consortium indeed constructs the facility and operates it for a specified period, after which ownership is transferred to the project sponsor, often a government or public utility, aligning with the description provided.

Under a Build-Operate-Transfer (BOT) Arrangement, a Firm or Consortium of Firms